CPI country weights - OECD composition in Australia
Australia: CPI country weights - OECD composition was 2.02 Percentage of OECD consumer price index in 2024. ▲ Rising
Latest (2024)
2.02 Percentage of OECD consumer price index
Change on year
down 2.0%
World rank
11th
of 30 countries
All-time high
2.08 Percentage of OECD consumer price index
in 2022
All-time low
1.66 Percentage of OECD consumer price index
in 1996
Years of data
54
1970–2024
CPI country weights - OECD composition in Australia, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of OECD consumer price index.
Analysis
Australia recorded 2.02 Percentage of OECD consumer price index for cpi country weights - oecd composition in 2024.
The figure is down 2.0% on the previous year and up 0.9% over ten years.
Over the whole period, cpi country weights - oecd composition in Australia peaked at 2.08 Percentage of OECD consumer price index in 2022 and was at its lowest, 1.66 Percentage of OECD consumer price index, in 1996.
That places Australia 11th out of 30 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
CPI country weights - OECD composition in Australia, year by year
| Year | Percentage of OECD consumer price index | Change |
|---|---|---|
| 1970 | 1.82 Percentage of OECD consumer price index | — |
| 1971 | 1.79 Percentage of OECD consumer price index | -1.2% |
| 1972 | 1.78 Percentage of OECD consumer price index | -1.0% |
| 1973 | 1.84 Percentage of OECD consumer price index | +3.8% |
| 1974 | 1.95 Percentage of OECD consumer price index | +6.0% |
| 1975 | 1.9 Percentage of OECD consumer price index | -2.6% |
| 1976 | 1.87 Percentage of OECD consumer price index | -1.7% |
| 1977 | 1.82 Percentage of OECD consumer price index | -2.5% |
| 1978 | 1.79 Percentage of OECD consumer price index | -1.9% |
| 1979 | 1.76 Percentage of OECD consumer price index | -1.4% |
| 1980 | 1.79 Percentage of OECD consumer price index | +1.5% |
| 1981 | 1.87 Percentage of OECD consumer price index | +4.3% |
| 1982 | 1.89 Percentage of OECD consumer price index | +1.4% |
| 1983 | 1.82 Percentage of OECD consumer price index | -3.6% |
| 1984 | 1.77 Percentage of OECD consumer price index | -3.2% |
| 1985 | 1.8 Percentage of OECD consumer price index | +1.7% |
| 1986 | 1.77 Percentage of OECD consumer price index | -1.4% |
| 1987 | 1.75 Percentage of OECD consumer price index | -0.9% |
| 1988 | 1.76 Percentage of OECD consumer price index | +0.3% |
| 1989 | 1.77 Percentage of OECD consumer price index | +0.7% |
| 1990 | 1.72 Percentage of OECD consumer price index | -3.0% |
| 1991 | 1.72 Percentage of OECD consumer price index | -0.2% |
| 1992 | 1.7 Percentage of OECD consumer price index | -1.0% |
| 1993 | 1.71 Percentage of OECD consumer price index | +0.3% |
| 1995 | 1.68 Percentage of OECD consumer price index | -1.5% |
| 1996 | 1.66 Percentage of OECD consumer price index | -1.0% |
| 1997 | 1.69 Percentage of OECD consumer price index | +1.6% |
| 1998 | 1.72 Percentage of OECD consumer price index | +1.8% |
| 1999 | 1.73 Percentage of OECD consumer price index | +0.7% |
| 2000 | 1.72 Percentage of OECD consumer price index | -0.4% |
| 2001 | 1.72 Percentage of OECD consumer price index | -0.5% |
| 2002 | 1.74 Percentage of OECD consumer price index | +1.7% |
| 2003 | 1.75 Percentage of OECD consumer price index | +0.1% |
| 2004 | 1.78 Percentage of OECD consumer price index | +1.7% |
| 2005 | 1.76 Percentage of OECD consumer price index | -0.9% |
| 2006 | 1.77 Percentage of OECD consumer price index | +0.5% |
| 2007 | 1.81 Percentage of OECD consumer price index | +2.4% |
| 2008 | 1.77 Percentage of OECD consumer price index | -2.2% |
| 2009 | 1.88 Percentage of OECD consumer price index | +5.9% |
| 2010 | 1.89 Percentage of OECD consumer price index | +1.0% |
| 2011 | 1.94 Percentage of OECD consumer price index | +2.3% |
| 2012 | 1.95 Percentage of OECD consumer price index | +0.5% |
| 2013 | 2 Percentage of OECD consumer price index | +2.7% |
| 2014 | 2 Percentage of OECD consumer price index | -0.0% |
| 2015 | 2 Percentage of OECD consumer price index | -0.1% |
| 2016 | 2.01 Percentage of OECD consumer price index | +0.5% |
| 2017 | 1.98 Percentage of OECD consumer price index | -1.5% |
| 2018 | 1.96 Percentage of OECD consumer price index | -0.8% |
| 2019 | 1.85 Percentage of OECD consumer price index | -5.7% |
| 2020 | 1.99 Percentage of OECD consumer price index | +7.3% |
| 2021 | 1.97 Percentage of OECD consumer price index | -0.8% |
| 2022 | 2.08 Percentage of OECD consumer price index | +5.6% |
| 2023 | 2.06 Percentage of OECD consumer price index | -1.1% |
| 2024 | 2.02 Percentage of OECD consumer price index | -2.0% |
Australia compared with similar countries
- Australia's 2.02 Percentage of OECD consumer price index is above the median for high income countries, which is 0.6801 Percentage of OECD consumer price index, 3.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.83 Percentage of OECD consumer price index | 1.76 Percentage of OECD consumer price index | 1.95 Percentage of OECD consumer price index | 10 |
| 1980s | 1.8 Percentage of OECD consumer price index | 1.75 Percentage of OECD consumer price index | 1.89 Percentage of OECD consumer price index | 10 |
| 1990s | 1.7 Percentage of OECD consumer price index | 1.66 Percentage of OECD consumer price index | 1.73 Percentage of OECD consumer price index | 9 |
| 2000s | 1.77 Percentage of OECD consumer price index | 1.72 Percentage of OECD consumer price index | 1.88 Percentage of OECD consumer price index | 10 |
| 2010s | 1.96 Percentage of OECD consumer price index | 1.85 Percentage of OECD consumer price index | 2.01 Percentage of OECD consumer price index | 10 |
| 2020s | 2.02 Percentage of OECD consumer price index | 1.97 Percentage of OECD consumer price index | 2.08 Percentage of OECD consumer price index | 5 |
Countries ranked near Australia
- 8 Italy 4.05 Percentage of OECD consumer price index compare
- 8 Latvia 0.089 Percentage of OECD consumer price index compare
- 9 Estonia 0.0659 Percentage of OECD consumer price index compare
- 9 Spain 3 Percentage of OECD consumer price index compare
- 10 Canada 2.78 Percentage of OECD consumer price index compare
- 12 Colombia 1.62 Percentage of OECD consumer price index compare
- 13 Belgium 0.8584 Percentage of OECD consumer price index compare
- 14 Chile 0.7788 Percentage of OECD consumer price index compare
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is cpi country weights - oecd composition in Australia?
- Cpi country weights - oecd composition in Australia was 2.02 Percentage of OECD consumer price index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest cpi country weights - oecd composition recorded in Australia?
- The highest recorded value was 2.08 Percentage of OECD consumer price index in 2022.
- What is the lowest cpi country weights - oecd composition recorded in Australia?
- The lowest recorded value was 1.66 Percentage of OECD consumer price index in 1996.
- How does Australia rank for cpi country weights - oecd composition?
- Australia ranks 11th out of 30 countries with data for 2024.
- Is cpi country weights - oecd composition rising or falling in Australia?
- Over the last ten years it is up 0.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of CPI country weights - OECD composition. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset contains country weights used for calculation of Consumer Prices aggregates for OECD total and G7 area. The weights are based on relative share of individual final consumption expenditure of households and non-profit institutions serving households expressed in Purchasing Power Parities (PPPs).